Surge in number of food delivery services and
rise in awareness about environmental impact are the factors that
drive the growth of the disposable cutlery market.
WILMINGTON, Del.,
July 15,
2024 /PRNewswire/ -- Allied Market Research published
a report, titled, "Disposable Cutlery
Market by Product Type (Spoon, Fork, and Knife),
Material (Plastic and Wood), End User (Household and Commercial),
and Distribution Channel (B2B, Hypermarkets & Supermarkets,
Convenience Stores, Online Retail, and Others): Global Opportunity
Analysis and Industry Forecast, 2024-2035". According to the
report, the " The global disposable cutlery market was valued at
$11.8 billion in 2023, and is
projected to reach $22.1 billion by
2035, growing at a CAGR of 5.4% from 2024 to 2035.
Download Sample Pages of Research Overview:
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Prime determinants of growth
Fast-paced lifestyles and convenience-driven consumer
preferences are the main factors propelling the growth of the
disposable cutlery market. Strict laws on single-use plastics and
environmental concerns about biodegradable materials have also
encouraged expansion. Growth in the food service and eco-conscious
consumer segments is further fueled by innovations in sustainable
materials and designs. Global market demand for disposable cutlery
is also being driven by its convenience in a variety of contexts,
such as parties, outdoor activities, and takeaway restaurants.
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2035
|
Base Year
|
2023
|
Market Size In
2023
|
$11.8 billion in
2023
|
Market Size In
2035
|
$22.1
billion
|
CAGR
|
5.4 %
|
No. Of Pages In
Report
|
250
|
Segments
Covered
|
Product Type, Material,
End User, And Distribution Channel
|
Drivers
|
• Increasing Food
Delivery Services
• Rising
Awareness About Environmental Impact
• Urbanization
And Busy Lifestyles
|
Opportunities
|
• Innovation In
Material Development
• Expansion In
Emerging Markets
|
Restraints
|
• Environmental
Concerns
• Preference For
Reusable Cutlery
|
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Tables, and Figures): https://bit.ly/3zCkEAG
The spoon segment held the highest market share in
2023.
By product type, the spoon segment held the highest market share
in 2023, accounting for nearly half of the disposable cutlery
market share and is estimated to maintain its leadership status
throughout the forecast period. The growth of disposable spoon
cutlery is significantly driven by the expansion of the food
delivery and takeaway industry in urban areas, especially in
developing regions. The fork segment showcases the fastest CAGR of
5.8% during the forecast period. The increased reliance on online
food ordering platforms has led to a surge in demand for single-use
utensils such as disposable forks, catering to the
convenience-seeking habits of consumers globally.
The plastic segment held the highest market share in
2023.
By material, the plastic segment held the highest market share
in 2023, accounting for more than half of the disposable cutlery
market revenue and is estimated to maintain its leadership status
throughout the forecast period. Rise in preference for
convenience-driven lifestyles, where time-saving solutions are
prioritized, has made single-use plastic cutlery appealing for
quick meals and on-the-go consumption. The wood segment, however,
showcases the fastest CAGR of 6.2% during the forecast period. The
growth of wood disposable cutlery is primarily driven by an
increase in environmental consciousness and the demand for
sustainable alternatives to plastic.
The commercial segment held the highest market share in
2023.
By end user, the commercial segment held the highest market
share in 2023, accounting for nearly three-fifths of the disposable
cutlery market revenue and is estimated to maintain its leadership
status throughout the forecast period. The fast-paced nature of the
food service industry necessitates quick and efficient solutions
for meal preparation and service. Disposable cutlery provides a
convenient option, which eliminates the need for washing and
sanitizing traditional utensils, thereby streamlining operations
and reducing turnaround time. The household segment, however,
showcases the fastest CAGR of 6.0% during the forecast period.
Household commonly use disposable cutlery for convenient and
efficient meal preparation and consumption. These utensils offer a
hassle-free solution for quick snacks, picnics, and outdoor
gatherings, eliminating the need for washing and maintenance.
The B2B segment held the highest market share in
2023.
By distribution channel, the B2B segment held the highest market
share in 2023, accounting for one-third of the disposable cutlery
market revenue and is estimated to maintain its leadership status
throughout the forecast period. The B2B e-commerce evolution has
introduced the path to digital procurement in the disposable
cutlery industry. The adoption of digitalization in sales channels
has made the work of manufacturers and vendors easy and smooth. The
online retail segment, however, showcases the fastest CAGR of 6.3%
during the forecast period. An electronic commerce store provides
consumers the opportunity to purchase goods or services directly
through a web browser or a mobile application from manufacturers
and online retailers. The ways of buying disposable cutlery
products have developed with time due to the ease of accessibility
of items through online retailers and corporate websites.
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Strategies:
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Asia-Pacific to maintain its
dominance by 2035
By region, Asia-Pacific held
the highest market share in terms of revenue in 2023 and is likely
to dominate the market during the forecast period. However, this
region is expected to witness the fastest CAGR of 6.0% from 2024 to
2035. The disposable cutlery market for Asia-Pacific is expected to grow as the
population takes interest in various types of food offered by
restaurants, and food-chains, and others in the market. The
disposable cutlery manufacturers are using sustainable raw
materials in their products to attract consumers into using the
product to earn the trust of conscious consumers.
Leading Market Players: -
- Anchor Packaging Pty Ltd.
- BioPak
- D&W Fine Pack LLC
- Dart Container Corporation
- Gold Plast SPA
- Hotpack Packaging Industries LLC
- Huhtamaki
- Novolex
- Pactiv Evergreen Inc.
- Vegware Ltd
The report provides a detailed analysis of these key players in
the disposable cutlery market. The report is valuable in
highlighting business performance, operating segments, product
portfolio, and strategic moves of market players to showcase the
competitive scenario.
Explore AMR's Extensive ongoing Coverage on Consumer and
Goods Domain:
- Eco-Friendly Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/eco-friendly-disposable-cutlery-market-A134805
- Canada Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/canada-disposable-cutlery-market-A82179
- Mexico Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/mexico-disposable-cutlery-market-A82180
- Europe Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/europe-disposable-cutlery-market-A82181
- France Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/france-disposable-cutlery-market-A82183
- Germany Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/germany-disposable-cutlery-market-A82184
- Italy Disposable Cutlery Market Opportunity Analysis and
Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/italy-disposable-cutlery-market-A82185
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